Yes, double! They'll be split into two companies! That's the only double we'll see here! Don't like being negative but, they done nothing but, fatten up managements pockets!
It's a long weekend so, news can come out Tuesday, along with weekend sales!
Big sales weekend coming up! This will help the sales report for May, along with delinquencies going down!
Pas, I responded but, Yahoo took my post away! JDSU needs to get on the porch since this old dog can't hunt anymore! Just think when it splits, it'll be an $ .80 each company! Hopefully, they'll get it to a dollar each by then!
Looks like my last post was deleted! Here is what I see! Did I miss something?
"Turning to the balance sheet, cash remains healthy at $815.5 million. Operating cash flow was negative $22.9 million in Q3 because our odd quarters are typically materially lighter on cash flow. We incurred separation expenses, as expected, and we reduced our accounts payable in preparation for the spend."
Maybe, he should say why he bought, and what he expects. Hopefully, they have good numbers from April, which should cause it to move up.
Pas, like my mother used to say, if you can't say something nice, then don't say anything! Enough said!
Pas, you're being too kind to them! Watch as they reward themselves again, for poor performance! The only hope for them, is too change their name, and get rid of the existing management/board! The split, and sale can't happen fast enough!
Maybe, just maybe they'll have OK numbers with a BIG spin on the split. Hopefully, they'll mention they have some early offers, and that they existing board, will not be associated with the new companies!
With ERIC missing, they need to do something, since they complained about consolidation! This should start the ball moving on CIEN. Question is, who'll take CIEN to the prom?
I feel your pain, and really can't do anything about it! That must have been a cut and paste to mine, Sandell needs the backing of some of the larger share holders! JDSU needs some news on how unhappy the small share holders are with this management, and company! That's the only thing, that gets them to even talk about doing something for share holders!
Pas, Yes, I sent them and email to the CEO, Board and Bill Ong. Telling them I agree. and if they don't, it should be opened a vote. I also said, No FREE stock should be issued while this is going on, unless it can't be sold for a year!